RBC Dominion...?
posted on
Jun 28, 2008 07:13AM
Golden Minerals is a junior silver producer with a strong growth profile, listed on both the NYSE Amex and TSX.
Here is an excerpt form MIDAs Friday that looks very interesting. It corresponds to something I have also heard about RBC which points to them:
"Hi Bill;
Please allow me to reply to Myron Bevans' comment (26 June, 08) querying Denis Donnelly's assertions.
A year ago I was told 'point blank' by an RBC Dominion broker that ECU Silver was being shorted by his institution. The reason I tend to believe this is that without hesitation he blurted out Michel Roy's name and talked about seeing him at the firm on several occasions. Every other broker I have ever spoken to had never heard of ECU, least of all their CEO's name. At that time, he told me that I would be stupid to hold onto these shares ($2.35 Cad). Notwithstanding all the phenomenal news pertaining to ECU in the interim, the stock was constantly bombed. In hindsight, this broker was dead right with a stock he was very intimate with."
So, is/has RBC the main instigator behind the suppression of ECU for so long? Well, it seems quite probable. Perhaps others here have better investigative skills to pursue this. Were/are they naked shorting with impunity for so long? Have they traded counterfeit shares by the millions and millions over the last few years? Have they illegally stolen millions from innocent retail investors by deception and false suppression of ECU shares for years? Who would even challenge them? What is/was their motive? Do they (and others involved) deserve to be exposed and taken to task? Absolutely! How? Well, a class action law suit in a court of law will take years.... although the nasty publicity in the press would be far more serious to them as they are now desperate to keep growing their their business with the markets becoming much more difficult. They want ALL of their client's cash and savings put to work in investments.
Public expression and questioning of RBC should take place. Innocent investors and the public should know about how this powerful Canadian Institution (and any accomplices) has commited crimes against individual investors and the mining industry. The managment of all mining companies, especially JPMs, should be made aware of RBC's involvement in all this and they should all act in unison under the new Chamber of Mines being assembeld by Jim Sinclair. This must not be allowed to be swept under the carpet. These SOBs have caused a lot of grief for innocent investors in order to profit from their misery.
All former and present shareholders of ECU (and so many others) should be mad as hell and ready to act on it, not just shout from a window.